Solvency Opinions

Steve has been with Chartwell for nearly 20 years and leads the firm’s transaction opinions practice. He has provided financial advisory services to privately held companies for over 25 years and is an expert on valuation issues related to Employee Stock Ownership Plans. He also advises clients on a wide variety of corporate finance, valuation, financial fairness, mergers, acquisitions, divestitures, and general corporate matters. Steve has performed valuations as a court-appointed appraiser and provided expert witness testimony. His financial opinions have consistently withstood scrutiny by the Internal Revenue Service and the Department of Labor.

MEMBERSHIPS & DESIGNATIONS

Steve is an active member of The ESOP Association, where he currently serves on the Valuation Advisory Committee. He is also a member of the National Center for Employee Ownership.  Steve has written articles and made various presentations on valuation and ownership transition for a variety of professional groups and boards of directors.

Steve is designated as an Accredited Senior Appraiser in Business Valuation by the American Society of Appraisers (ASA) and is a past President of the Twin Cities Chapter of the ASA.  He is a registered representative with Chartwell affiliate, CCS Transactions, LLC and holds FINRA Series 63 and 79 licenses.

PRIOR EXPERIENCE & EDUCATION

Prior to Chartwell, Steve was part of the valuation services group at Hawthorne Financial Advisors.

Steve holds a Bachelor of Arts degree in finance from the University of St. Thomas.